Crypto infrastructure startup Zerohash has raised $104 million in a Series D-2 funding round led by Interactive Brokers, with participation from Morgan Stanley, SoFi, Apollo, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC, Liberty City Ventures, and existing investors like PEAK6, tastytrade, and Nyca Partners. The company is now valued at $1 billion, making it a unicorn. Zerohash provides blockchain-based solutions in crypto trading, stablecoins, and tokenization, supporting over 5 million users across 190 countries and partnering with major firms including Interactive Brokers, Stripe, Blackrock’s BUIDL Fund, Franklin Templeton, and DraftKings. The funding will accelerate product expansion, talent growth, and further development of on-chain infrastructure, which is increasingly in demand due to rising consumer adoption and clearer regulations in key markets like the US and EU. Zerohash aims to build the 'AWS of on-chain infrastructure,' enabling financial institutions to innovate with digital assets. In addition, Morgan Stanley announced it will offer crypto trading on its E*Trade platform starting in the first half of 2026 through a partnership with Zerohash, initially supporting Bitcoin, Ethereum, and Solana. This move reflects the growing acceptance of cryptocurrencies among major Wall Street firms, which have shifted from skepticism to active engagement under recent regulatory changes. The company’s CEO, Edward Woodford, emphasized that Zerohash’s infrastructure is fundamental to mainstream financial integration of crypto, stablecoins, and tokenization, with significant investments from top financial firms signaling trust and future growth. The digital asset market now exceeds $3.9 trillion, with Bitcoin and Ethereum accounting for the majority.